Key Takeaways
- • Monomoy Capital has completed a platform investment in Creedence, an oilfield chemicals provider.
- • Creedence was founded in 2014 and is headquartered in Minot, North Dakota.
- • The company delivers more than 15 million gallons of chemical treatments annually from 22 US locations.
- • The source does not disclose deal value, seller, or ownership stake, so the financial terms remain unconfirmed.
Summary
Monomoy Capital has completed a platform investment in Creedence, an oilfield chemicals provider based in Minot, North Dakota. The transaction was reported as a completed platform investment, positioning Creedence as the foundation for further growth under Monomoy's ownership.
Founded in 2014, Creedence delivers more than 15 million gallons of chemical treatments a year from 22 locations across the United States. The footprint places the company in the oilfield services supply chain, where chemical treatments support production and well maintenance activities in US onshore basins.
The available reporting does not disclose the purchase price, the seller, or the size of Monomoy's stake. Further details on deal terms, financing, and the company's post-close strategy were not included in the source material reviewed.
Founded in 2014, Creedence delivers more than 15 million gallons of chemical treatments a year from 22 locations across the United States. The footprint places the company in the oilfield services supply chain, where chemical treatments support production and well maintenance activities in US onshore basins.
The available reporting does not disclose the purchase price, the seller, or the size of Monomoy's stake. Further details on deal terms, financing, and the company's post-close strategy were not included in the source material reviewed.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.